Solomon Islands Poverty Rate
Poverty headcount ratio at $2.15/day SI.POV.DDAY
Solomon Islands's poverty rate was 40.30% in 2012, ranked 82nd globally. This represents a 35.2% decrease from 2011. Data from World Bank, covering 2005–2012.
Overview
Solomon Islands's poverty rate stood at 40.30% in 2012, a decline of +21.90pp from 2005. Solomon Islands ranked 82nd globally.
The Solomon Islands experienced a notable reduction in poverty rate over the period from 2005 to 2012. At its peak in 2005, the poverty rate reached 62.20%, indicating a significant challenge in addressing economic inequality. However, by 2012, this rate had declined substantially to 40.30%, ranking the country 82 globally. This improvement positions the Solomon Islands favorably in comparison to its peers, such as Nigeria, which had a poverty rate of 37.40% during the same year, and Haiti, which had a rate of 40.40%. The decrease in poverty rate is a positive indication of the country's economic progress. Despite the progress, the Solomon Islands still faces a considerable challenge in reducing poverty, and sustaining this trend will require continued economic growth and targeted social development policies. Further improvements in the country's agricultural sector, which accounts for a significant portion of its economy, and investments in human capital development could potentially accelerate poverty reduction efforts and place the country on a more robust trajectory.
Data & projection
Detected Pattern
Analysis
Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →
Frequently Asked Questions
Solomon Islands's poverty rate was 40.30% in 2012. Ranked 82nd globally. This represents a 35.2% decrease from the previous year.
Solomon Islands's poverty rate peaked at 62.20% in 2005.
The lowest poverty rate in Solomon Islands was 40.30% in 2012.
Solomon Islands ranks 82nd globally in poverty rate as of 2012.
The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.
The poverty rate of Solomon Islands in 2012 was 40.30%. This ranks 82nd in the world.
Cite this page
@misc{historysaid_solomon-islands_poverty-rate,
title = {Solomon Islands Poverty Rate},
url = {https://historysaid.com/solomon-islands/poverty-rate/},
publisher = {HistorySaid},
year = {2026}
}